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#ADAUSDT is pulling back inside a large contracting wedge after another rejection from its upper boundary. The rising lower trendline has already produced several strong reactions, making the next test important. If buyers defend it again, the structure keeps a rebound toward the upper wedge boundary in play.
ADA funding is -0.0058% - shorts are leaning into the pullback.
Short-liquidation exposure is $13.5M vs $7.0M long - a rebound could squeeze shorts.
Key Levels
Resistance: $0.223-$0.225
Support: $0.203-$0.205
$ADA